FACT CHECK: ROMNEY OFFERS MORE DETAILS THAN OBAMA

[CJ7]

Ive got you spinning faster than a mexican laundromat on saturday afternoon ..

[Whirlaway]

So your intent was to act stupid and ??????????

[Whirlaway]

But I don't think it was an act.

[CJ7]

Originally Posted by Whirlaway

You show your stupidity by saying this...here is a link I like to give to first graders who want to understand how our government works......you might be able to comprehend what it says about the President's Budget.

http://usgovinfo.about.com/od/federa...dget_page1.htm

After receiving the President's budget request, Congress generally holds hearings to question Administration officials about their requests and then develops its own budget resolution. This work is done by the House and Senate Budget Committees, whose primary function is to draft and enforce the budget resolution. Once the committees are done, their budget resolutions go to the House and Senate floors, where they can be amended (by a majority vote). A House-Senate conference then resolves any differences, and a conference report is passed by both houses.
The budget resolution is a "concurrent" congressional resolution, not an ordinary bill, and therefore does not go to the President for his signature or veto. It also requires only a majority vote to pass, and its consideration is one of the few actions that cannot be filibustered in the Senate.
The budget resolution is supposed to be passed by April 15, but it often takes longer. Occasionally, Congress does not pass a budget resolution. If that happens, the previous year's resolution, which is a multi-year plan, stays in effect.

• What is in the budget resolution? Unlike the President's budget, which is very detailed, the congressional budget resolution is a very simple document. It consists of a set of numbers stating how much Congress is supposed to spend in each of 19 broad spending categories (known as budget "functions") and how much total revenue the government will collect, for each of the next five or more years. (The Congressional Budget Act requires that the resolution cover a minimum of five years, though Congress sometimes chooses a longer period, such as 10 years.) The difference between the two totals — the spending ceiling and the revenue floor — represents the deficit (or surplus) expected for each year.
• How spending is defined: budget authority vs. outlays. The spending totals in the budget resolution are stated in two different ways: the total amount of "budget authority" that is to be provided, and the estimated level of expenditures, or "outlays." Budget authority is how much money Congress allows a federal agency to commit to spend; outlays are how much money actually flows out of the federal treasury in a given year. For example, a bill that appropriated $50 million for building a bridge would provide $50 million in budget authority in the same year, but the outlays might not reach $50 million until the following year or even later, when the bridge actually is built. Budget authority and outlays thus serve different purposes. Budget authority represents a limit on how much funding Congress will provide, and is generally what Congress focuses on in making most budgetary decisions. Outlays, because they represent actual cash flow, help determine the size of the overall deficit or surplus.
• How committee spending limits get set: 302(a) allocations. The report that accompanies the budget resolution includes a table called the "302(a) allocation." This table takes the spending totals that are laid out by budget function in the budget resolution and distributes them by congressional committee instead. The House and Senate tables are slightly different from one another, since committee jurisdictions vary somewhat between the two chambers.

[Whirlaway]

You make no sense...You say the President doesn't have a budget, then post that he does.

[Whirlaway]

So which is it ?

Originally Posted by CJ7

presidents dont have budgets, congress has a budget ..

[CJ7]

Originally Posted by Whirlaway

So which is it ?

the president proposes a budget no more no less .. congress passes a budget ... their budget .. if you could read

[Whirlaway]

The president has to have a budget to propose right ?

CJ; your a fool, your caught being foolish, you need to just give it up on this one buddy.

[CJ7]

ok, so you cant read.

who knew?

[Whirlaway]

Your the one who says the President doesn't have a budget, then you post the law that states the President presents his budget to Congress.........

Who knew you were so dumb?

[CJ7]

does the president sign the budget congress passes ?

[Whirlaway]

CJ; you said the president doesn't have a budget;;;

but then you said, the President sends his budget to congress to be passed....

Which is it? Does the president have a budget or not ?

Stop being so dodgy

[CJ7]

Originally Posted by Whirlaway

CJ; you said the president doesn't have a budget;;;

but then you said, the President sends his budget to congress to be passed....

Which is it? Does the president have a budget or not ?

Stop being so dodgy

does the president sign the budget congress passes ?

[Whirlaway]

Originally Posted by CJ7

presidents dont have budgets,..

They Don't ??? Then why is Obama wasting his time with this (from the WhiteHouse.gov web site)?


The President's Budget for Fiscal Year 2013

We now face a make-or-break moment for the middle class and those trying to reach it. After decades of eroding middle-class security as those at the very top saw their incomes rise as never before and after a historic recession that plunged our economy into a crisis from which we are still fighting to recover, it is time to construct an economy that is built to last.

The President’s 2013 Budget is built around the idea that our country does best when everyone gets a fair shot, does their fair share, and plays by the same rules. We must transform our economy from one focused on speculating, spending, and borrowing to one ....

http://www.whitehouse.gov/omb/budget

[CJ7]

Originally Posted by Whirlaway

They Don't ??? Then why is Obama wasting his time with this?


The President's Budget for Fiscal Year 2013

We now face a make-or-break moment for the middle class and those trying to reach it. After decades of eroding middle-class security as those at the very top saw their incomes rise as never before and after a historic recession that plunged our economy into a crisis from which we are still fighting to recover, it is time to construct an economy that is built to last.

The President’s 2013 Budget is built around the idea that our country does best when everyone gets a fair shot, does their fair share, and plays by the same rules. We must transform our economy from one focused on speculating, spending, and borrowing to one ....

http://www.whitehouse.gov/omb/budget

does the president sign the budget congress passes ?


yes or no?